How What is meant by 2L and L order placement?
2L and 3L order placement allow you to place more than one order in one go. Maximum 3 orders can be placed in one attempt. All orders placed through this system are IOC orders. All orders must satisfy the risk criteria on individual basis. If any of the order fails in risk validation, none of the order will be accepted by the system. Orders can be placed in the same underlying contract or different underlying contracts as well. Orders in the same underlying contract can be placed using the ‘Place 2L & 3L orders’ link. Whereas orders in different underlying contract can be placed through ‘My Favorites’. The execution of orders takes place in the same ratio in which the order was placed. It can be understood by the following example.
